Describe employment planning and forecasting strategy

Assignment Help HR Management
Reference no: EM132339579

Assignment: You are the Human Resource Director at a company that has decided to adopt a "cost leadership" competitive strategy. Its main goal is to increase its sales by 30% within 1 year.

Currently you have forty salespeople. Five of them are going to retire within 3 months. The others have attended their last training course (a 2 days course on sales techniques - basic) four years ago.

Considering that strategy, business goal and workforce situation, you are required to prepare a HRM plan containing:

• an introductory description of the link between your organization's business strategy and your HRM strategy;

• your employment planning and forecasting strategy;

• your recruitment and selection activities; you will also prepare a job description and job specification for the profile(s) that you think you should hire;

• the test(s) that you would use employee selection;

• the way in which you are going to interview the candidates explaining:

• type(s) of interview

• types of questions, with examples

• the training process and training methods that you will adopt for the newly hired employee(s);

• the performance appraisal system and tools that you will utilize;

• the total reward package for the employee(s) that you will decide to hire.

• a comprehensive approach to retaining employees.

Please justify all your choices.

Reference no: EM132339579

Questions Cloud

Compose a situational judgment test for servers : Ms. Cold would like to have a number of tests in place for candidates to answer as part of the selection process. She would also like to measure the work.
Discuss the physician-patient relationship : In this 2-3-page memo, discuss whether the physician-patient relationship is a contract and what needs to be shown for a breach of contract to have occurred
Describe seven different types of consumer promotions : describe seven different types of consumer promotions from the twelve shown in Table 6.2 of the text and assess how each of the seven types
Evaluate top significant trends and issues in managed care : Research and evaluate what you believe to be the top three most significant trends/ issues in managed care today. Provide explanations for your three choices.
Describe employment planning and forecasting strategy : Considering that strategy, business goal and workforce situation, you are required to prepare a HRM plan containing: your employment planning and forecasting.
How supply and demand influences the price of common stock : Why do venture capital companies often choose preferred stock for their equity position? Explain how supply and demand influences the price of common stock.
Summarize the problem and the impact that the tools had : When learning about the tools and techniques of Business Statistics, it's important to not to approach this in an "abstract" or "academic" way.
What is the earnings yield in the domestic stock market : Macro Economics - Firms & Markets - What is the earnings yield (inverse of the price-to-earnings ratio) in the domestic stock market
Trace the evolution of your profession-field of study : Trace the evolution of your profession (or another chosen profession), field of study, or branch of service, starting in the Cold War era

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd